Latest Capital Raising Risk News

Arbitr Group has proposed a A$4.86 million capital raising to fund an organisational reset and push into enterprise AI, while warning that non-participating shareholders could face about 43% dilution. The plan also targets A$2 million in recurring annual cost savings and a calendar 2026 release for its Enterprise AI Context Engine.

Argent Minerals has added weight to the expansion case at its Kempfield silver project, with high-grade mineralisation extending beyond the current resource boundary. But the ASX-listed explorer ended September with A$1.725 million and an estimated 1.34 quarters of funding at its current cash outflow.

Verity Resources has identified gold mineralisation across a 9km corridor at Monument and outlined a new intrusion-related target at Gum Well. The exploration progress comes with only $471,000 in cash, or an estimated 0.82 quarters of funding, leaving further work dependent on lower spending and potential capital raising.

Amara Minerals has reported broad gold intersections at its Apollo project in Victoria, including 102.3 metres at 2.29 g/t gold. The exploration momentum comes with just A$0.59 million in quarter-end cash and a stated need to assess further capital raising options.

Cauldron Energy has completed its 10,506-metre Yanrey drilling campaign, extending uranium mineralisation around Manyingee North and South while preparing an updated JORC resource estimate. The exploration progress comes with a tighter funding position, with $2.43 million in cash and less than two quarters of cover on the company’s stated calculation.

CGN Resources has intersected gold at three of four targets during its maiden Christmas Well RC campaign, with Rocky Mountain Oyster producing the strongest result. The exploration momentum comes alongside A$1.274 million in quarter-end cash, equivalent to about 1.54 quarters of funding at the reported spending rate.

Minerals Exploration has shifted decisively into New Zealand gold and tungsten, but its annual report flags a $2.66 million loss and a material uncertainty over its ability to continue without further funding. Exploration results are encouraging, though the company has yet to establish a mineral resource or economic discovery.

Middle Island Resources has outlined a much larger Serbian exploration portfolio after acquiring Konstantin Resources, with Bobija emerging as a broad shallow gold-silver polymetallic system. But the ASX explorer also reported a $3.35 million loss, $2.39 million in cash and an auditor-flagged material uncertainty over its ability to continue without further capital.

First Graphene expanded its product range and international footprint in FY2026, lifting revenue while narrowing its annual loss. But the company says continued operations depend on securing further equity funding, putting commercial execution and liquidity at the centre of its next phase.

CGN Resources has expanded its exploration footprint across gold and copper, but the annual report pairs that growth with a material going-concern uncertainty. The company ended FY2026 with $2.11 million in cash against $1.99 million of operating cash outflows.

Zuleika Gold recommends shareholders accept CZR Resources’ off-market takeover offer, which values Zuleika’s mineral assets at a preferred $6.1 million. The independent expert deems the offer not fair but reasonable.

Xingye Gold (Hong Kong) Mining Company Limited has opened an off-market takeover bid for Far East Gold Limited at $0.13 per share, offering a significant premium amid stalled projects and funding concerns.